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What's the difference between reducing balance method & straight Line depreciation method?

Major Accounts Accounting Auditing Accounts Payable Financial Accounting
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Question added by Muhammad Umair Arain , General Accountant , Heart Beat Medical Center & One Day Surgery LLC
Date Posted: 2015/03/20
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Muhammad Ramzan Tufail ACCA
by Muhammad Ramzan Tufail ACCA , Assistant Finance Manager , Eltizam Asset Management Group

Reducing balance method - Calculate depreciation on Net Book Value (NBV)

 

Straight Line method - Calculate depreciation on Cost (Original Cost)

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